A significant shift in the electric vehicle (EV) market could be coming as lease returns are set to surge in the coming years. According to a J.D. Power Power Information Network (PIN) data & analytics report, approximately 215,200 EVs will come off lease by 2026 — representing a 230% increase in the used EV supply.
Yahoo Finance Senior Autos Reporter Pras Subramanian analyzes how this influx of pre-owned vehicles could accelerate broader EV adoption and reshape market dynamics.
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This post was written by Angel Smith